Please note: you are viewing an old version of this deal. The current version can be found here: Deal #4763

Deal #4763 Version #69311

Zambia
Created at
2015-09-09
Last update
2016-01-27
Last full update
2017-02-03

Land area

Intended size
230 000 ha
Size under contract (leased or purchased area)
  • [current] 230000.0 ha
Comment on land area
Five large prospecting licenses.

Intention of investment

Intention of investment
  • [current] Mining

Nature of the deal

Nature of the deal
Exploitation permit / license / concession (for mineral resources)
Comment on nature of the deal
Mining licenses for the Trident project were granted in April 2011

Negotiation status

Negotiation status
  • [2010, current] Concluded (Contract signed)
Comment on negotiation status
The project has an estimated capital cost of $2bn. First Quantum acquired the project through the purchase of Kiwara in January 2010.

Implementation status

Implementation status
  • [2012, current] Startup phase (no production)
Comment on implementation status
Sentinel Mine -- Operation was delayed as the company discovered graves during the construction. Sentinel and Enterprise mine expected to commence production in 2015.

Contract farming

Contract farming
No